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Puerto Peñasco Chapter Seccion 51

What is CIPS


 

A Certified International Property Specialist (CIPS) is an individual who has proven their expertise in international real estate practice by completing CIPS program requirements. CIPS designees are from
Argentina, Australia, Austria, Bahamas, Bahrain, Bermuda, Brazil, Bulgaria, Canada, China, Colombia, Czech Republic, Denmark, Germany, Ireland, Italy, Jamaica, Korea, Mexico, the Netherlands, New Zealand, Philippines, Poland, Romania, Russia, Singapore and the United States. Several hundred more are currently working toward the designation.

Consumers can benefit from the representation of real estate professionals who have earned the CIPS designation. NAR International administers the CIPS program and designation which focuses on ownership and transaction principles of international real estate, including specifics on real estate markets in Europe, the Americas and the Asia/Pacific region. Topics covered in the CIPS classes also include cultural diversity, market data, investment trends, marketing strategies, currency issues and financing.

NAR studies show that CIPS designees tend to be highly experienced both in real estate and in dealing with clients from diverse cultures. For example, 85 percent of CIPS designees have been working in real estate more than 10 years; 35 percent have more than 20 years experience. Over 30 percent of CIPS
designees were either born outside the US or are now based outside the US. CIPS designees are increasingly relied upon by local community and business organizations — including Chambers of Commerce and boards of REALTORS® — as international business resources.


 


CIPS Training Invitation Brochure


CIPS Invitation Brochure and Registration Form.  If in doubt call Lannette or Wayne at 1-800-738-738-8849 ext 5.



CIPS Invitation Brochure

Please look at the attached CIPS Invitation Brochure to learn more about the course; events being offered; pricing and how to book for the course and your stay. If in doubt call Lannette or Wayne at 1-800-738-738-8849 ext 5.

CIPS Application Form

Please use this for to register for the course and email penascotraveler@gmail.com or call 1-800-738-8849 ext 5 to book your stay.




CIPS Training Program


 


CIPS Training Outline


 Course Descriptions

Six courses (five of which are required - only three of the four one-day regional courses are necessary) comprise the education program of the CIPS Network. The prerequisite "International Real Estate for Local Markets" course is required for CIPS membership and the remaining courses must be completed within two years of declaring candidacy for CIPS Network members. Following is a description of each course:


CIPS I: International Real Estate for Local Markets (formerly Essentials) - is the two-day prerequisite introductory course to the CIPS international real estate courses. The course is an analysis of the international real estate business environment, including capital flow, currencies,
government regulations and cultures. The practical aspects of international brokerage, networking, marketing and selling are discussed. Students must take this course before taking any of the
other CIPS courses. Students will receive At Home with Diversity Certification (except when taking the online course which does not give AHWD credit) in addition to ABR, RSPS, and CRS elective credit with successful completion of this revised course.


CIPS Institutes
concentrate four international CIPS courses into a one week format, allowing students to save travel costs and complete the education program quickly. Three of the four regional courses are required
(Europe, Asia, Americas, and Middle East/Africa). Many Institutes include a variety of special events in addition to the required classroom time. Property tours, networking events with local businesses, panel discussions and social functions may be incorporated into the week's program to provide a well-rounded and exciting learning experience. These courses also may be offered individually.


1. Europe and International Real Estate
(1 day) – Provides information on working with clients in Western and Central Europe. The European Union and its impact on international real estate are covered, along with economic and real estate trends, networking and relationship building, plus marketing and selling practices.


2. Asia/Pacific and International Real Estate
(1 day) – Covers real estate practices in Asia and the Pacific with emphasis on cultural influences, economic trends and assessment of investment opportunities. A special chapter on working with the
Japanese is included.


3. The Americas and International Real Estate
(1 day) – Practical information for professionals who work with Caribbean, North, Central, and South American investors. Historical and cultural influences, regional relationship, and investment
opportunities are covered along with a special focus on Mexico.


4. Middle East/Africa and International Real Estate (1 day) - Learn the logistics of how to conduct real estate transactions with clients from the Middle East and Africa at the Certified International Property Specialist (CIPS) Network’s new one-day designation course. The course
will introduce attendees to cultural differences you need to know when working with clients from the Middle East and Africa.


5. Investment and Financial Analysis
(2 days) – Provides the tools needed to present investment information to international clients--in their currency and area. You will learn how to measure investment performance, prepare financial projections, and understand the effects of taxes and exchange rates on investment. This course is waived for students who have passed the CCIM Intro, CCIM 101, or CRS 204 courses.
An HP-10BII calculator is REQUIRED for this course.

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